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Q. When job is very big and spread over long periods of time the method of costing adopted is……

Q. ……………….is concerned with ascertainment of cost.

Q. __________ is based on information gathered and analyzed about demand and supply. this forecast provides a prediction of short and long term prices and the underlying reasons for those trends.

Q. costing is suitable for mines, quarries, cement works etc.

Q. ……………….covers accounts of whole business relating to all commercial transactions.

Q. Cost reimbursable contracts are equivalent to:

Q. The following classes of costs are usually involved in inventory decisions except

Q. Direct Labour Cost is also known as…………

Q. Definitive contract terms are spelled out in the:

Q. Re-ordering level is calculated as